Colo. mass layoffs drop from 16 to 10, manufacturing sees most
Colorado had 10 mass layoffs in November, down from the 16 last year, according to the U.S. Bureau of Labor Statistics. A mass layoff involves at least 50 workers from a single employer. Colorado employers laid off 992 workers in November compared to 1,358 in November 2011. Nationally, the manufacturing sector accounted for 25 percent [...]
U.S. employers anticipate few staffing cutbacks in 2012 and many expect to increase hiring, according to a report released by Right Management. Only 3 percent of the 600 survey respondents, which were executives in private, non-profit and government organizations, said they anticipate significant staffing cutbacks or restructurings this year. Two-thirds said they expect almost none. [...]
Continue reading …ModusLink Global Solutions is considering moving Tech for Less jobs to Bloomington, Ind. ModusLink bought Tech for Less in 2009 and said this week it may consider moving jobs. A former employee said this week that the company plans to move some operations to Bloomington, shut down one of the facilities, and possibly move customer [...]
Continue reading …Frontier Airlines says it’s cutting 100 jobs in Denver in the next few weeks and 120 positions at its Milwaukee hub in January. Airline spokesman Peter Kowalchuk says most cuts in Denver will come through attrition. Some employees have also been asked if they’d be willing to move from full- to part-time work. Frontier is [...]
Continue reading …Colorado businesses laid off 1,235 people in the third quarter of 2011, according to the Bureau of Labor Statistics. Low demand for business was the biggest reason for the layoffs. Across the country, there were more than 184,000 people let go from their jobs, fewer than this time last year. Layoffs due to completion of [...]
Continue reading …Wisconsin Gov. Scott Walker warned Tuesday that state employees could start receiving layoff notices as early as next week if a bill eliminating most collective bargaining rights isn’t passed soon. Walker said in a statement to The Associated Press that the layoffs wouldn’t take effect immediately. He didn’t say which workers would be targeted but [...]
Continue reading …Yahoo is reducing its workforce by 4 percent and has handed out 600 layoff notices. The job cuts announced today follow weeks of speculation about whether a long-running financial funk would spur Yahoo to trim its payroll before the new year. This marks the fourth time in three years that Yahoo Inc. has resorted to [...]
Continue reading …A wave of government layoffs in September outpaced weak hiring in the private sector, pushing down the nation’s payrolls by a net total of 95,000 jobs. The unemployment rate held at 9.6 percent last month, the Labor Department said Friday. The jobless rate has now topped 9.5 percent for 14 straight months, the longest stretch [...]
Continue reading …Thirty management and administrative employees at Current USA and PaperDirect Inc. have receive word they’ll be laid off by Aug. 27. Wendy Huxta, president of both companies, said that the “difficult decision” comes as a result of changing market conditions, in other words the slow recovery. “We have realigned our resources to be better-equipped to [...]
Continue reading …The state of the economy has forced many companies to reduce costs to stay competitive. Labor costs are typically a prime focus during tough economic times. Efforts to reduce labor costs should be carefully considered, however, to avoid unintended and greater liabilities than the cost savings to be realized from the change. In making decisions [...]
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